EBlock to Launch Online Auction in the US

EBlock, the fastest growing online auction in Canada, today announced that they are open for business in the United States. EBlock has grown exponentially in Canada by establishing valuable relationships with a number of dealers who want to save time and money remarketing their wholesale units. The company's growth has been driven by its unique value proposition that centers around simulating the real auction environment with live lanes, set auction times and run lists that are available pre-auction.

"Most wholesale vehicles in the US sell in 60 seconds; why change this formula? We've seen what EBlock has done in a short amount of time in Canada and we are confident that the product will thrive in the US Market," said Mike DeCecco, a former long-term Dealer.com executive and EBlock’s new Vice President of Sales and Operations in the US.

EBlock is launching its US operations out of the head office in Burlington, VT which has been a hotbed for Automotive technology innovation in the last decade, most recently Dealer.com. Beginning in the Northeast, the company will grow strategically by servicing both buyers and consignors in concentrated markets through feet on the street and inside sales and support.

Leading EBlock's expansion across North America is a 17-year auction-industry veteran, Jason McClenahan, who joined the team as President and COO with previous experience at ADESA Canada and TradeREV US. "When I joined EBlock in 2017, the auction business was already being disrupted by technology," he said. "After seeing everything in market, EBlock stood out as the platform that clearly understood what dealers want in an online auction."

The company is offering lucrative incentives for dealers who come on board early, coupled with a large presence at this year's NADA convention in San Francisco.

"Our dealers see the hammer drop on over 200 units per hour and they are incredibly pleased with the results they are experiencing using our technology," said Ryan O'Connor, EBlock's CEO. "Launching in the US around the NADA convention makes perfect sense for us."

The company has an aggressive hiring plan slated for 2019 which includes sales and operations personnel. They are looking forward to making connections with dealers and auction professionals who will be attending the NADA show and visiting their booth #7745W.

EBlock, based in Burlington Vermont, is a true online auction where cars are bought and sold in 60 seconds. The
company is committed to helping dealers save time and money by buying and selling wholesale inventory in the
most efficient ways possible. For more information contact Mike DeCecco, Vice President of Sales and Operations,
USA, at Mike@eblock.com.